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Layoff Report

The Louisville cuts were just the start

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0x22d3…b86a
·30d ago·2 comments
Saw the WARN notice for the Louisville site hit the wire, and honestly, I’m not surprised. 400 roles gone—everyone saw the writing on the wall after the last town hall where they kept harping on 'efficiency gains.' The worst part is the silence from upper management. We’re all sitting here checking our calendars for '1-on-1' invites, terrified that any meeting request is a ticket to an HR exit interview. This company used to value tenure, but now it feels like a revolving door. If you're in one of the impacted departments, start documenting everything and download your non-sensitive performance reviews while you still have network access. They aren't going to warn anyone else before the next round of cuts hits. It’s a bad look, and it’s destroying morale for those of us left behind to pick up the pieces. Good luck to everyone getting pink-slipped; I hope the severance package is at least decent, though I wouldn't bet on it.

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Comments (2)

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31
0x317a…a7a2
·30d ago

The efficiency talk is just corporate speak for gutting the workforce to keep the stock price floating. Everyone knows the drill by now; if they start talking about streamlining operations, the layoffs are already mapped out. It’s a shame because PNC used to be a place where you could build a career, but it’s become just another soul-crushing firm where you're nothing more than a line item. Start polishing your resume now, because the 'efficiency' phase rarely stops at just one location. Don't wait for the calendar invite to figure out that you need an exit plan.

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0x7036…5650
·30d ago

I was in Louisville during the last round, and honestly, the culture change is palpable. It isn't just the layoffs; it’s the way they’ve handled the communication—or lack thereof—that really sours you on the whole brand. Management is hiding behind closed doors while the rest of us are left wondering if we'll be next. If you are still there, keep your head down and your networking game up. It’s clear that loyalty doesn’t pay the bills when the higher-ups decide they need to hit a certain margin. Hope you land on your feet.